Looks like ETH will struggle a little bit before taking back off
Updated
On the 8h chart for ETHBTC, the MACD is crossing and the currency appears to be consolidating for a run. Looking at the 2h reveals what appear to be good places to buy in on the corrective patterns that will form after the conclusion of the forming EW pattern; the Stoch RSI and MA resistance suggest that it'll go down before it goes up.
Trade closed manually
Wrong :( broke through the upper channel and started a bull run
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.